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An announcement from Investor AB ( ($SE:INVE.A) ) is now available.
Investor AB announced the appointment of Chris Smith as the new CEO of Laborie, effective September 22, 2025, succeeding Michael Frazzette who will retire but continue in an advisory role. Chris Smith, a seasoned medical technology executive, is expected to leverage his extensive experience to further develop Laborie, which has seen significant growth and innovation under Frazzette’s leadership.
The most recent analyst rating on ($SE:INVE.A) stock is a Hold with a SEK313.00 price target. To see the full list of analyst forecasts on Investor AB stock, see the SE:INVE.A Stock Forecast page.
More about Investor AB
Investor AB, established by the Wallenberg family in 1916, focuses on creating value for people and society by building strong and sustainable companies. The company operates through substantial ownership and board participation across three business areas: Listed Companies, Patricia Industries, and Investments in EQT.
Average Trading Volume: 169,466
Technical Sentiment Signal: Buy
Current Market Cap: SEK883.9B
Learn more about INVE.A stock on TipRanks’ Stock Analysis page.